Argentine Default Drama Nears Critical Stage

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Taos Turner and Ken Parks BUENOS AIRES--Argentina could make unfortunate history this week if it defaults on its foreign debt for the second time in 13 years as a showdown with creditors comes to a head. When Argentina last ...

Sweden Resumes Financial Aid to Uganda

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Nicholas Bariyo KAMPALA Uganda--Sweden has resumed financial aid to Uganda, less than six months after the Scandinavian country suspended its support following the enactment of a severe anti gay law. The Swedish embassy in Kampala said Monday that Sweden ...

MARKET SNAPSHOT: U.S. Stocks: Futures Dip As Busy Data Week Begins

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures dipped on Monday, with the Dow Jones Industrial Average threatening to move further below the key 17,000 level breached late last week, while deal news sent shares of Family Dollar ...

MARKET SNAPSHOT: U.S. Stocks Open Lower; Deals In Focus

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market struggled for direction Monday amid a flurry of deal news, including the takeover of Family Dollar Stores Inc. by Dollar Tree Inc. Home-sales data will ...

BOE May Need to Raise Rates Quicker Than Expected - IMF

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Jason Douglas LONDON--The Bank of England may need to lift interest rates at a faster pace than expected if inflation in the U.K. takes off or new regulations prove ineffective at reining in a booming housing market, the International ...

Correction to Crude Oil Futures Story

TODAY: July 28, 2014 PUB DATE: July 28, 2014

"Crude Oil Futures Trade Lower on Global Tensions," at 0956 GMT, misstated that crude oil futures traded lower on global tensions in the headline. Crude oil futures traded lower despite, not because of, global tensions. Subscribe to WSJ: http://online.wsj.com?mod=djnwires (END) ...

Bank of Israel Trims Interest Rate

TODAY: July 28, 2014 PUB DATE: July 28, 2014

JERUSALEM--The Bank of Israel Monday cut the benchmark interest rate for August by 0.25 percentage point to 0.50%, citing slowing inflation in June as well as weakness in exports and the world economy. The economic effects of the continuing military ...

Berlin Prepares for Russia Sanctions

TODAY: July 28, 2014 PUB DATE: July 28, 2014

BERLIN--German leaders sought to prepare the public for the consequences of sanctions against Russia ahead of a week in which the European Union is expected to escalate its economic response to the crisis in Ukraine. Ministers in Chancellor Angela Merkel's ...

Dollar Nearly Flat Against Rivals Ahead Of US Econ Data, FOMC

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Hiroyuki Kachi The dollar was nearly flat against the yen and the euro in Asia trade Monday, with investors sitting on sidelines ahead of major events later this week, including the Federal Open Market Committee meeting and U.S. jobs ...

MARKET SNAPSHOT: U.S. Stocks: Futures Down; Family Dollar Soars On Bid

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures slipped Monday, with the Dow Jones Industrial Average set up to push further below 17,000, while deal news sent shares of Family Dollar Stores Inc. soaring in premarket. Home-sales data ...

South Africa Urges U.S. Renewal of Africa Trade Deal

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Patrick McGroarty PRETORIA--South African officials said on Monday they would use a summit between U.S. President Barack Obama and African leaders next week to lobby for renewal of a trade pact they called an important instrument of U.S. influence ...

China Criticizes U.S. Move on Solar-Equipment Imports

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Wayne Ma BEIJING--China on Monday hit back at the U.S. for taking another step to close a loophole that allowed some Chinese solar-equipment makers to avoid tariffs. China's Ministry of Commerce, citing an official it didn't identify, said the ...

MARKET SNAPSHOT: U.S. Stocks Skid; Pending Home Sales Drop

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market moved decidedly lower Monday as excitement from a flurry of deal news, including the takeover of Family Dollar Stores Inc. by Dollar Tree Inc. proved ...

TECH STOCKS: Zillow Falls On $3.5 Billion Trulia Acquisition

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Rex Crum, MarketWatch SAN FRANCISCO (MarketWatch) -- Tech stocks started the week off on a mostly negative note Monday, with declines coming from many sector leaders, including Zillow Inc. after the online real-estate information company announced a $3.5 billion ...

Irish Central Bank Upbeat About Ireland's Economy

TODAY: July 28, 2014 PUB DATE: July 28, 2014

DUBLIN--In its most upbeat economic bulletin for over six years, Ireland's central bank Monday increased its growth outlook for the country and said the coalition led by Prime Minister Enda Kenny may now have the fiscal room to lessen the ...

Berlin Prepares for Russia Sanctions -- Update

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Andrea Thomas BERLIN--German leaders sought to prepare the public for the consequences of sanctions against Russia ahead of a week in which the European Union is expected to escalate its economic response to the crisis in Ukraine. Ministers in ...

Fujitsu Looking at First April-June Operating Profit

TODAY: July 28, 2014 PUB DATE: July 28, 2014

TOKYO -- Fujitsu is expected to post a group operating profit of slightly more than 5 billion yen ($48.6 million) for the April-June period. It will be the company's first April quarter profit in a while, the Nikkei reported Sunday. ...

Italian Manufacturing Business Confidence Down Slightly in July

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Liam Moloney ROME--Italian manufacturing business confidence fell slightly in July, for the second month, pulled down by a worsening outlook for orders, national statistics institute Istat said Monday. Confidence among Italy's manufacturers slipped to 99.7 in July from June, ...